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| Discuss Elliottwave count for SENSEX at the Trading on Technicals within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Hi Guys, Appreciate all your very nice words. All the best! Tony... |
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#134
13th October 2006, 10:21 PM
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Re: Elliottwave count for SENSEX
Dear Tony,
Is this is an extended pattern ..... in sensex ? What about nifty... ? There are many analysts who believe that we are in wave B , wave A being from 12671 to 8799, now wave B cud hit somewhere near 13000.. ??? If the rise is so sharp.. there is actually no difference between the previus rise from 9800 to 12671 and the current rise from 9800 to 12736... The pace is the same... except accompanied by a lot of skeptism.. Sincerely feel that even if the markets rally to 13000 odds, the retail guys would not participate and no one would go long.. How long can someone pull only the sensex up... Looks like pure manipulation.. ! Do u expect a correction back to 9800 before dec 31 ? Logically, check November.. every year since past 5 years, it has been positive returns.. Check March.. every year since past 5 years it has been negative returns.. THings changed this year.. In short, can you lay down all the possibilties of sensex movements using EWI ? 
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#135
14th October 2006, 08:02 AM
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Re: Elliottwave count for SENSEX
i suppose it would continue to go up till such time as the worst skeptic gets worried about missing the bus and everyone feels this time it is different it is for real etc......and then the bungeejump !!
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#138
4th November 2006, 10:00 PM
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Re: Elliottwave count for SENSEX
Hi!
The BSE is still edging up in a fifth of a fifth. Still possibly a bit more to go before topping out. best regards, tony http://caldaroew.spaces.live.com/
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#139
11th November 2006, 07:02 PM
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Re: Elliottwave count for SENSEX
India's BSE appears to have completed its subdividing 5th of 5th wave. When its medium term uptrend reverses, OEW is indicating that it will be the end of the bull market. Be careful!
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#140
11th November 2006, 11:40 PM
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Re: Elliottwave count for SENSEX
Long term top? i think a correction is in the offering now, sooner or later. But with the kind of EPS growth we have ahead it simply cant be a long term top. We are going to see a bigger and greater bull market in india than anyone has imagined. But nevertheless, caution is the word of wisdom at these levels and no one needs to be told again to buy the frontliners when there is a dip. Cheers!
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